As of November 8, 2011 24% of available listings in Fairfax are in escrow.
For the month of October 2011 6 homes sold in Fairfax (only 1 of which was a distress sale) for an average final selling price of $604,250.
The average original asking price of these homes was $652,667.
The range of final selling prices was from a low of $421,000 to a high of $1,144,000.
Of the 6 homes that sold, 1 sold over the original asking price and all others sold for less than their original asking prices.
It took these homes an average of 77 days to sell.
To see everything that is currently for sale in our neck of the woods click here.